Haast, South Island

16 Units. Beautiful Spot. FHGC. Vendor Finance

Land, Buildings and Business $1.6 million

Business Description

Vendor Finance. Various options have been discussed. Indications from the Vendors is that a minimum $800,000 is required upon purchase and the balance $800,000 will have terms that can have some flexibility for the purchaser and vendor to agree on. Please note that the purchaser will have to have vendor approval first.

With a reasonably large complex of 16 units this could sustain a manager if you wish to invest in the motel industry and yet not be too daunting to operate yourself and enjoy the beauty of the West Coast.

Owners' residence looks out over 8,039 sqm (more or less), backing up to the Heritage Park's bush and has stunning expansive rolling lawns.

The complex has 13 studio and 3 family units. Commercial grade laundry equipment (washer and dryer) investment on site helps reduce operating costs.

All units enjoy the benefit of being ground floor and stunning views wherever you wish to park up the sun chairs.

At the rear of the complex a sizeable area is available for further development but could easily be fully utilised as caravan and campervan income an extension to the business. (Please note that we have not enquired with the local authorities in regard to consenting matters.)

The motel is situated in a spectacular setting in a quiet location, easily accessible yet back from the main highway. A restaurant, supermarket, cafe, and tavern are all within 100 metres.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land, Buildings and Business of this Lodge for sale in Haast via our website or by phoning DEREK JOHNSON on ---------- , DDI ---------- or ---------- .

Business Summary

Key Investment Insights

1. The business for sale includes 16 units in a beautiful spot on the West Coast.
2. The property is being sold as a freehold going concern, with the option for vendor financing.
3. A minimum of $800,000 is required upon purchase, with flexible terms for the remaining $800,000 to be agreed upon by the purchaser and vendor.
4. Approval from the vendor is necessary before purchasing.
5. The complex is large enough to sustain a manager, but not too daunting for an individual to operate themselves.
6. The owners' residence has stunning views and overlooks 8,039 sqm of rolling lawns.
7. The complex consists of 13 studio units and 3 family units.
8. Commercial grade laundry equipment is included, helping to reduce operating costs.
9. All units are on the ground floor and offer stunning views.
10. There is potential for further development at the rear of the complex, which could be utilized for caravan and campervan income.
11. The motel is situated in a quiet location with easy access to a range of amenities, including a restaurant, supermarket, cafe, and tavern.
12. Some information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and has not been verified for accuracy.
13. Details of the listing are confidential and can only be disclosed after signing a confidentiality agreement and receiving the Information Memorandum.
14. Enquiries can be made through the website or by contacting Derek Johnson via phone or email.
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